Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 4.98 to 2.728 3.56 (36.94%) . .
Intermediate 2.728 to 3.56 . . 2.75 (97.36%)
Short 2.754 to 3.25 . . 2.9 (70.56%)